Construction & Real Estate

Construction & Real Estate

DSV opens new 30,000 sq m logistics warehouse in Jebel Ali Free Zone

Thu, 21 May 2026

DSV, a global transport and logistics leader, and Arcapita Group Holdings Limited, a global alternative investment firm, through its real estate development platform Lintara Properties, have announced the completion of a new, state-of-the-art 30,000-square-metre build-to-suit logistics warehouse at Dubai’s Jebel Ali Free Zone (JAFZA).

Construction & Real Estate

$267m 500-unit hotel tower planned in Makkah's Masar Destination

Thu, 21 May 2026

Saudi Arabia’s Umm Al Qura For Development and Construction has announced plans for a new SAR1 billion ($267 million) hotel tower in Makkah as part of its massive Masar Destination development project near the Grand Mosque.

Construction & Real Estate

Dubai residential market sees $38.34bn Q1 transactions, trophy home sales surge

Wed, 20 May 2026

Dubai’s residential property market maintained its strong momentum in the first quarter of 2026, with transaction values reaching AED140.8 billion ($38.34 billion) despite regional geopolitical uncertainty and the seasonal slowdown associated with Ramadan, according to a new report by Morgan’s International Realty.

Construction & Real Estate

UAE real estate moves to measured, mature phase: Colliers

Wed, 20 May 2026

The UAE real estate market is navigating a transition period as it moves beyond the exceptional momentum of 2025 toward a more measured, mature phase, supported by strong fundamentals and ongoing infrastructure investment, said a Colliers report.

Construction & Real Estate

Forbes Middle East to host Building the Future Summit in Abu Dhabi

Wed, 20 May 2026

Forbes Middle East will host the second edition of its Building the Future Summit on June 23 and 24 at Conrad Abu Dhabi Etihad Towers, bringing together top government officials, real estate developers, investors, architects and technology innovators to discuss the future of urban development across the Middle East and North Africa (MENA).

Construction & Real Estate

Aramex, Netzero partner to launch smart tree initiative in KSA industrial cities

Wed, 20 May 2026

Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced a partnership with Netzero, a Saudi-developed smart afforestation platform, to plant trees across the Riyadh and Jeddah Industrial Cities.

Construction & Real Estate

Gallega Global Logistics opens 3PL logistics hub at Jafza

Wed, 20 May 2026

Gallega Global Logistics has inaugurated a new 215,000-sq-ft multi-user 3PL Logistics Hub at Dubai's Jebel Ali Free Zone (Jafza), expanding regional logistics capacity and enabling faster, more reliable distribution across the UAE and wider GCC.

Construction & Real Estate

Elevate reports $34.72m new transaction at Mondrian Al Marjan

Wed, 20 May 2026

Elevate, a lifestyle real estate brand behind Mondrian Al Marjan Island Beach Residences, developed in partnership with lifestyle hospitality company Ennismore, has announced a landmark transaction exceeding AED127.5 million ($34.72 million) at the project.

Construction & Real Estate

KSA real estate sees measured growth, market repositioning in Q1

Wed, 20 May 2026

Saudi Arabia’s real estate market experienced strategic recalibration, steady structural demand drivers, and continued investor confidence despite a more complex regional economic backdrop in the first quarter of this year, a report said.

Construction & Real Estate

DHAM breaks ground on Lantana Hills, $185m main contract awarded

Wed, 20 May 2026

Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai, has broken ground on Lantana Hills, a new premium gated residential community in Dubai Science Park, Al Barsha South.